Finance & Investment
Ashcroft Capital JV Buys Atlanta Apartments
Birchstone Residential will handle the management and renovation of the property.
Decron Properties Sells LA-Area Portfolio for $129M
Institutional Property Advisors brokered the sale of the two communities.
The Preiss Co. Expands Texas Student Housing Portfolio
The community most recently landed a $63.5 million refi.
San Diego-Area Community Commands $168M
Buyer HomeFed Corp. plans to convert the 519-unit property into middle-income affordable housing.
Bell Partners Expands Atlanta Holdings
The properties were purchased on behalf of the firm’s Core Fund I investors.
Bellevue Living Sells DFW Portfolio
The properties total more than 1,000 units across the metro area.
Ascenda Capital JV Buys $97M San Diego-Area Community
The 198-unit market-rate property will be converted into rent-restricted housing.
Tides Equities Sells $59M Phoenix Community
The property’s price more than doubled during the company’s one-year ownership.
Avanti Residential Acquires Kansas City Asset
The property is next to the Village West master-planned district and tourist destination.
Invictus Buys Boston-Area Apartments
JLL arranged $61 million in acquisition financing for the buyer.